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those who believe we want bigger government, more intrusive government, trillion-dollar deficits as far as the eye can see will vote for him. those who believe we should encourage economic growth and create more jobs will vote for me. >> that first presidential debate is set for next wednesday night. romney's supporters tell me they're counting on a performance that they hope will tighten this race once again. doreen? >> julie carey. >>> a plea from the wife of the capitol hill man beaten to the point of brain injury last month. this says we have a new revelation about evidence in the case. it all came out of a court hearing on the eastern market attack. jackie bensen was there. jackie? >> reporter: doreen, this is really about two crimes, two hours, and half a city apart. it was these grainy images from a gas station that gave detectives their first big break and ultimately led to an arrest. abby maslin said her husband who has had four brain surgeries, and is in rehabilitation for devastating trauma to his left eye and head, is aware of the development. >> i actually showed him one of
those who believe we want bigger government, more intrusive government, trillion-dollar deficits as far as the eye can see will vote for him. those who believe we should encourage economic growth and create more jobs will vote for me. >> that first presidential debate is set for next wednesday night. romney's supporters tell me they're counting on a performance that they hope will tighten this race once again. doreen? >> julie carey. >>> a plea from the wife of the capitol...
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Oct 3, 2012
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in an overall match-up, but romney is ahead with independents and more think he can best handle the deficit. according to a new quinnipiac poll coming out one day before the first debate. >> i'm delighted we'll have three debates. it will be a conversation with the american people that will span almost an entire month. we'll get to describe our respective views. >> reporter: the debate stage is nearly set at university of denver as both candidates work on final prep for the first match-up that focuses on domestic policies. romney is practicing at his colorado hotel, but he's been doing mock debates for weeks with ohio senator rob portman standing in as the president. >> i think romney has to throw the president off stride and get under his skin. maybe he mentions president obama's penchant for playing golf when the economy is souring. >> reporter: the president is prepping in nevada where he's said to be working on shorter answers and staying calm no matter what criticisms are leveled against him. >> basically they're keeping me indoors all the time. it's a drag. they're making me do my hom
in an overall match-up, but romney is ahead with independents and more think he can best handle the deficit. according to a new quinnipiac poll coming out one day before the first debate. >> i'm delighted we'll have three debates. it will be a conversation with the american people that will span almost an entire month. we'll get to describe our respective views. >> reporter: the debate stage is nearly set at university of denver as both candidates work on final prep for the first...
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Oct 2, 2012
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americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. . >>> you know the old saying, they said waiting is the hardest part. last night, the wait came to an end as the nationals clench their first division title since the arrival in d.c. scott smith was there to celebrate history. scott, it was so exciting last night. >> it was. i would say worthy celebration given the 79-year drought this post season drought, we should say, that the city's been through and sweet for a handful of guys who were here like john lennon and ryan zimmerman and not to mention it came against the phils, the reigning champs. despite winning, the team lost. the bubbly flowing and ended the celebration on the field. thousands of fans stuck around to bask in the moment. the longest tenure and ryan zimmerman is enjoying it more than most and
americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. . >>> you know the old saying, they said waiting is the hardest part. last night, the wait came to an end as the nationals clench their first division...
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Sep 28, 2012
09/12
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those who believe they want bigger government, more intrusive government, deficits as far as the eye can see will vote for him. those who think we should encourage economic growth, promote small business, and create more jobs will vote for me. >> the first debate will take place next wednesday night in denver. >>> president obama is urging patients when it comes to this country's economic recovery. he spoke of what he calls an economic patriotism during a rally yesterday in virginia beach. >> an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. i won't pretend that getting there is easy. the truth is it's going to take a few more years to solve challenges that were building up over decades, but i want everybody here to understand our problems can be solved. our challenges will be met. >> the president will hold campaign events here in washington. >>> pick up the pace. that's d.c. council mayor marion berry's demand to council members investigating the 2010 campaign of vincent gray. he also accused prosecutors of dragging
those who believe they want bigger government, more intrusive government, deficits as far as the eye can see will vote for him. those who think we should encourage economic growth, promote small business, and create more jobs will vote for me. >> the first debate will take place next wednesday night in denver. >>> president obama is urging patients when it comes to this country's economic recovery. he spoke of what he calls an economic patriotism during a rally yesterday in...
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Sep 28, 2012
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those who believe we want bigger government, more intrusive government, trillion dollar deficits as far as the eye can see will vote for him. those who believe we should encourage economic growth, support small business, and create more jobs will vote for me. >> that first debate will take place wednesday night in denver. >>> president obama will stay here in the district today. he has three campaign events scheduled in d.c. the president also campaigned yesterday in virginia. he was 200 miles from romney in virginia beach. >>> the nfl referees are back on the job. the regular refs received a standing ovation when we took the field before last night's ravens-bengals game in baltimore. the honeymoon was short-lived, as you might imagine. the crowd quickly booed when the hometown ravens were called for an unsportsmanlike penalty. this was the first game since the nfl and players union reached a tentative agreement on a new labor contract. nfl commissioner roger goodell apologized to fans for the lockout. >> we're sorry to bring our fans through that, sorry to bring the general public thro
those who believe we want bigger government, more intrusive government, trillion dollar deficits as far as the eye can see will vote for him. those who believe we should encourage economic growth, support small business, and create more jobs will vote for me. >> that first debate will take place wednesday night in denver. >>> president obama will stay here in the district today. he has three campaign events scheduled in d.c. the president also campaigned yesterday in virginia. he...
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Oct 3, 2012
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americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. david smallwood: maryland money needs to stay in maryland. it's just that simple, i mean, it's a no brainer. anncr: every year marylanders spend five hundred and fifty... million at casinos in west virginia, delaware... and pennsylvania. one west virginia paper calls it a "cash cow" for them. but its cost maryland over one billion dollars. money that could have created good jobs and... better schools for us. question seven keeps maryland money in maryland. david smallwood: question seven, i think it will be a... good thing for the state of maryland. . >>> major cost cutting measures could be underway at udc. are they enough? the board of trustees approved a right sizing plan that would involve layoffs. the closing of the satellite campus and a major push to
americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. david smallwood: maryland money needs to stay in maryland. it's just that simple, i mean, it's a no brainer. anncr: every year marylanders spend five hundred and...
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Oct 1, 2012
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they could play a major role in deficit talks with congress. bowles chaired the white house deficit commission in 2010. >>> in other news, general motors is recalling more than 40,000 vehicles sold in warm weather states because of potential fuel leaks. it affects chevy cobalt and pontiac g5 sedans and chevy equinox, pontiac torrent, and saturn ion from 2007. it could crack the fuel pump, causing it to leak and cause a fire. gm has no reports of fires or injuries. back over to you. >> seema, thanks. >>> robert griffin iii ran for 323 yards and ran for another 43. tampa bay clawed their way back and led by a point with less than two minutes left, but redskins kicker billy cundiff, who missed three field goals later in the game proves to be the hero in this one. he nailed a 41-yard field goal with no time left to win it for washington. >> it was a great play for him. he redeemed himself with that kick to help us win the game. we all have things we have to get better at. for him, it was a good confidence kick for him, seeing that he didn't make th
they could play a major role in deficit talks with congress. bowles chaired the white house deficit commission in 2010. >>> in other news, general motors is recalling more than 40,000 vehicles sold in warm weather states because of potential fuel leaks. it affects chevy cobalt and pontiac g5 sedans and chevy equinox, pontiac torrent, and saturn ion from 2007. it could crack the fuel pump, causing it to leak and cause a fire. gm has no reports of fires or injuries. back over to you....
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. >> so i'm looking forward to working with republicans to reduce our deficit, but i refuse to ask middle class families to give up their deductions for owning a home or raising their kids just to pay for another millionaire's tax cut. we're notoing to do that. >> mitt romney seems to have a lot of ground to make up in ohio. he trails the president by ten points in a new poll of ohio voters. >>> we're learning about a frightening incident that took place while the president was campaigning in ohio earlier this month. federal agents detained a man whom they say ran through a roadblock while carrying several weapons. the incident happened in covington, kentucky. his motorcade passed through on the way to cincinnati. the government says the man in custody has a lengthy criminal record and had been declared mentally nil the past. >>> montgomery county police investigating a shooting in gaithersburg. chopper 4 flew above the scene. the shooting happened about 10:00. police say the man was shot several times, then walked to a nearby cvs and collapsed. at last check, the victim was still in the
. >> so i'm looking forward to working with republicans to reduce our deficit, but i refuse to ask middle class families to give up their deductions for owning a home or raising their kids just to pay for another millionaire's tax cut. we're notoing to do that. >> mitt romney seems to have a lot of ground to make up in ohio. he trails the president by ten points in a new poll of ohio voters. >>> we're learning about a frightening incident that took place while the president...
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Sep 30, 2012
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world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830 billion spending. >> february 2009 that president obama doesn't want to take any credit for but it passed six months. >> he signed it into law. the stimulus was huge. he signed a spending bill shortly before in the spring of 2009. but even in the beginning of 2009 where he wants to throw it on all on president bush. this is when president obama was in senate. he voted for tarp. he had voted for the budget resolution that year. so he really has a hand in all of this spending. saw in that graph the big spike was in that year. >> let's take a look at spending numbers. spending tra
world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830 billion...
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. >> i inherited the biggest deficit in our history. over the last four years, the deficit has gone up but 90% is a consequence of two wars that weren't paid for, as consequence of tax cuts that weren't paid for. a prescription drug plan that wasn't paid for and worst economic crisis since the great depression. that accounts for 10% for the increase in the deficit. >> we asked editor james free man to run the numbers. so let's take these one by one. did president obama inherit the biggest deficit in american history? >> it wasn't the biggest and he didn't inherit it. world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830
. >> i inherited the biggest deficit in our history. over the last four years, the deficit has gone up but 90% is a consequence of two wars that weren't paid for, as consequence of tax cuts that weren't paid for. a prescription drug plan that wasn't paid for and worst economic crisis since the great depression. that accounts for 10% for the increase in the deficit. >> we asked editor james free man to run the numbers. so let's take these one by one. did president obama inherit the...
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. >> so i'm looking forward to working with republicans to reduce our deficit, but i refuse to ask middle class families to give up their deductions for owning a home or raising their kids just to pay for another millionaire's tax cut. we're not going to do that. >> romney has a lot of ground to make up in ohio. he trails the president by ten points in a new poll of ohio voters. >>> 15 before the hour now. we're learning about a security scare that took place while the president was campaigning in ohio earlier this mom. federal agents detained a man who they say ran through a roadblock while carrying several weapons. that incident happened in covington, kentucky. president obama's motorcade passed through that town on the way to cincinnati. the government says the man is in custody and he has a criminal record and had been declared mentally ill in the past. >>> a virginia community is pulling together after a family's murder-suicide in herndon. friends, co-workers and classmates attended a memorial at the family's church last night. police say 57-year-old albert peterson shot and killed h
. >> so i'm looking forward to working with republicans to reduce our deficit, but i refuse to ask middle class families to give up their deductions for owning a home or raising their kids just to pay for another millionaire's tax cut. we're not going to do that. >> romney has a lot of ground to make up in ohio. he trails the president by ten points in a new poll of ohio voters. >>> 15 before the hour now. we're learning about a security scare that took place while the...
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over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a fat guy tweaking. >> do we even know what kind of dog? >> dana: i don't really -- >> eric: talk walking down the street -- >> greg: who speaks for eaten dog. >> bob: good example of -- do go ahead. >> eric: to give you an example. okay. so -- [over talking ] under president obama whic thiss what we have gotten. $100, economic activity. it cost us $3 trillion. $300 in debt. but to get $300 in debt, you have to spend $700. you have to spend $700 to get the $100 economic activity under president obama. >> kimberly: don't give that to bob. >> eric: give me a
over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a...
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we're focused on a fescal deficit not a human deficit, and we have a human deficit in this country. we have 27 million people either unemployed, working part time, unwillingly, or dropping out of the labor market. >> schieffer: let me work michelle into this conversation. as you sit here hearing this, it's always education that seems to wind up at the back of the line. >> that's right, that's right. and i think that in education, you are already starting to see a shift. if you look at what happened a couple weeks ago in chicago. you have a democratic mayor, rahm emanuel, who is facing a $300 million deficit in the city, who is looking at 80% of the children in the city not operating on grade level in reading or mathematics. where they had the shortest school day and school year of anywhere in the country, and he's finally, uplike many democratic politicians, said enough is enough. i'm not going to give you these raises without-- what the union wanted was lifetime job security and absolutely no accountability. so he said we can't-- we can't continue on that track. and i think for him
we're focused on a fescal deficit not a human deficit, and we have a human deficit in this country. we have 27 million people either unemployed, working part time, unwillingly, or dropping out of the labor market. >> schieffer: let me work michelle into this conversation. as you sit here hearing this, it's always education that seems to wind up at the back of the line. >> that's right, that's right. and i think that in education, you are already starting to see a shift. if you look...
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focused on the very dear consequences that could result from the fiscal cliff actually resulting in a 4% deficit reduction. this is something that is very, very serious. >> reporter: she sees her job as more than just euros and dollars lending her considerable cashe to honor democracy activist aung san suu kyi and she sees herself helping generations to come. >> it's given me a difficult responsibility because i know that a lot of women, younger women, but also sometimes much more senior women, will be at me and say we can do it. she can do it, so we can do it. >> reporter: she has four years left in her term, trying to keep the world safe from default, but already she's being talked about as a future first woman president of france. >> a little pressure on her shoulders, mo question. >> reporter: i'll say. >> thank you very much. >>> still to come, a mean prank that's become a heartwarming story. how one town is rallying around a high schooler named to her homecoming court as a joke, but . >>> just ahead, president obama on education and what he was like as a student. >> and "ask away today," y
focused on the very dear consequences that could result from the fiscal cliff actually resulting in a 4% deficit reduction. this is something that is very, very serious. >> reporter: she sees her job as more than just euros and dollars lending her considerable cashe to honor democracy activist aung san suu kyi and she sees herself helping generations to come. >> it's given me a difficult responsibility because i know that a lot of women, younger women, but also sometimes much more...
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is going to bring the deficit down. of course he did not. he doubled it. he said we would get more people working. his plan is another stimulus. how did that first one to go? how about a hundred billion dollars? how much of that did you get? clunkers. he has won a new idea. one thing he did not do. he said he will do in the next four years. he said he will raise taxes. for anyone -- does anyone think raising taxes will help the economy? >> an el. >> the status quo has not worked. we cannot afford four more years of barack obama. his plan and his approach says, fundamentally, the government knows better than you, how to live your life, how to pick winners and losers. how to pick products that have a future. that a group of bureaucrats, of a real smart people working hard, good people at work in washington, but he has the few that somehow know better. so he is going to put them in the most important or one of the most important relationships that you have, the one between you and your doctor. he is going to put government between their if he has his way. he
is going to bring the deficit down. of course he did not. he doubled it. he said we would get more people working. his plan is another stimulus. how did that first one to go? how about a hundred billion dollars? how much of that did you get? clunkers. he has won a new idea. one thing he did not do. he said he will do in the next four years. he said he will raise taxes. for anyone -- does anyone think raising taxes will help the economy? >> an el. >> the status quo has not worked. we...
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debate can any amount of rhetoric fill the gaps in their deficit plans and where is the country headed without sound mass let alone sound money we'll hear from blogger author and radio host karl denninger of the marketing are on that and while the budget plans the presidential candidates may not add up we already know the lack of government planning has the u.s. poised for this. fiscal cliff looming the fiscal cliff it's looming gorged partisan politics could push america over of this cliff. but daunting name and the rest of us died what exactly does this entailed break down the potential damage and word of the day and give you a glaring example of the wasteful costs of political uncertainty all ready documented plus we have a potpourri of manufacturing data out some points to opposite directions for the u.s. and of flu as it points to negative. outcomes in europe our guest will help us make sense of these ingredients and tell us why he thinks the u.s. recession is already baked into the cake let's get to today's capital account. so income obama and challenger mitt romney are getting r
debate can any amount of rhetoric fill the gaps in their deficit plans and where is the country headed without sound mass let alone sound money we'll hear from blogger author and radio host karl denninger of the marketing are on that and while the budget plans the presidential candidates may not add up we already know the lack of government planning has the u.s. poised for this. fiscal cliff looming the fiscal cliff it's looming gorged partisan politics could push america over of this cliff....
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budget deficit. douglas you're going to text a living be jesus out of the middle class that's the unfortunate reality is that there aren't enough rich people to tax to close the deficit you could tax all the rich people everyone over two hundred fifty thousand dollars at one hundred percent of their and then you'd still have a deficit so course the problem with doing that is that the second year and nobody would make more than two hundred forty nine thousand dollars they'd all go to the beach my toys for the rest of the year. and and that's the challenge that you have this day trying to use tax policy as a means of addressing overspending does not work and yet we have drivers of spending in this country specifically health care which is turf falling monopoly protections built all throughout the system all of which wind up costing us ridiculous about somebody and then defense which we spend a crazy amount of money on in no small part because we have had our head in the sand for thirty five years on en
budget deficit. douglas you're going to text a living be jesus out of the middle class that's the unfortunate reality is that there aren't enough rich people to tax to close the deficit you could tax all the rich people everyone over two hundred fifty thousand dollars at one hundred percent of their and then you'd still have a deficit so course the problem with doing that is that the second year and nobody would make more than two hundred forty nine thousand dollars they'd all go to the beach...
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he talked about lowering the deficit in half, not redistributing wealth. and not, as he said, hurting the taxpayer and gtting rid of broad and things like that. i think these economists look at numbers and they see reality, they featu $6 trillion in debt. and they figure it is time to move on. neil: having said that, they seem to have crunched the numbers and looked on the weakness of this recovery and concluded maybe a fresh start is in order. but doesn't factor in a smart money angle that we are missing? smart money seems to be saying that there is not mh money for this recovery to be had. >> will look at their records. we have president obama who hasn't had any experience in the private sector and we have governor romney who does understand. america, yes, we do need a ceo in chief. we also need someone who understands that the business leadership to be able to broker and work in washington where there is a lot of polarized politics. governor romney is adjusting licies that democrats and republicans can agree. we need to simplify the tax code, we need to
he talked about lowering the deficit in half, not redistributing wealth. and not, as he said, hurting the taxpayer and gtting rid of broad and things like that. i think these economists look at numbers and they see reality, they featu $6 trillion in debt. and they figure it is time to move on. neil: having said that, they seem to have crunched the numbers and looked on the weakness of this recovery and concluded maybe a fresh start is in order. but doesn't factor in a smart money angle that we...
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do we want four more years of trillion dollar deficits? i don't believe we can afford four more years like the last four years. lou: a new report highlights governor rome -- governor romney's criticisms showing household incomes fell by an average rate of more than 8%. the census bureau revealing the number of people in poverty rose by 3 million in the first three years of the obama administration. we'll take all of that here tonight with former economic adviser to president reagan, economists, author laffer, and digital politics editor, and former bush adviser brad blakeman to separate facts from fiction in the world of presidential polls and strategies. early voting has presidential votes cast in more than half the country by next week. shannon has our report. the president's poll numbers in ohio getting a boost from stronger economic numbers, but there's head winds pressuring the campaign. the white house chief correspondent, ed henry, reports. >> since early voting starts tuesday here in ohio, it was a familiar script for president oba
do we want four more years of trillion dollar deficits? i don't believe we can afford four more years like the last four years. lou: a new report highlights governor rome -- governor romney's criticisms showing household incomes fell by an average rate of more than 8%. the census bureau revealing the number of people in poverty rose by 3 million in the first three years of the obama administration. we'll take all of that here tonight with former economic adviser to president reagan, economists,...
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the deficit number? >> probably the deficit. i think if you are the president's campaign you're less worried about romney's numbers right now. on the one hand the 40% right direction is the highest it has been in 3 1/2 years and any incumbent heading in that is momentum. 53% say the country is headed in the wrong track. i think this for the president is not about mitt romney. those advantages, chuck, on china, foreign policy and the deficit aren't as strong as for usual republicans. and the final point i would make is i think the important thing for this election is that braump has a 52 positive, 42 negative image. mitt romney has a negative image. only two have had a net negative image at this point and one of them loss, george h.w. bush and romney needs to improve that dynamic. >> democratic pollster. thank you very much to both of you. we have to get back in the field. let's keep poling. just two days away from friday's jobs report. we will get a quick preview on wall street on the market run down. and then we are taking a tr
the deficit number? >> probably the deficit. i think if you are the president's campaign you're less worried about romney's numbers right now. on the one hand the 40% right direction is the highest it has been in 3 1/2 years and any incumbent heading in that is momentum. 53% say the country is headed in the wrong track. i think this for the president is not about mitt romney. those advantages, chuck, on china, foreign policy and the deficit aren't as strong as for usual republicans. and...
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the best way to reduce the deficit? higher taxes, spending cuts, or both? log onto gerriwillis.com and on the right hand side of the screen. ellis said the results of the end of tonight's show. meanwhile, that same survey of business economists shows that obamacare will not bring down costs. fat, they say it will severely hurt the economy in the long run. elizabeth macdonald here with the story. cheryl: a very important survey. up 236 economists across the country working at the companies like procter and gamble, dupont, wells fargo. take a look at this. the majority, three-quarters of them set health care costs will continue to rise despite health reform. he also said 60 percent found -- they found 60% fewer employees, employers will report to the provide coverage. repeal the health care law. here is the other issue that is of importance here. a lot of media headline said that, look, these economists, the majority of them to cut the deficit by a mix of tax hikes and spending cuts. you really, the headlines here, the economists were talking about closing ta
the best way to reduce the deficit? higher taxes, spending cuts, or both? log onto gerriwillis.com and on the right hand side of the screen. ellis said the results of the end of tonight's show. meanwhile, that same survey of business economists shows that obamacare will not bring down costs. fat, they say it will severely hurt the economy in the long run. elizabeth macdonald here with the story. cheryl: a very important survey. up 236 economists across the country working at the companies like...
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Oct 3, 2012
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mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of different details of that proposal but i would also say that limiting deductions to $17,000 for middle-class families still results in a tax increase. even in just the health premium deduction, for families last year, were about $15,000. there you go. what happens to the mortgage deduction, charitable deduction, child deduction. he's raising taxes on middle class families. >> if this comes up and mitt romney starts to do that math that paul ryan wouldn't do, i'm sure this will be a topic of discussion. >> how worried are you about the jobs report on friday? >> we face this ev
mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of...
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Oct 3, 2012
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can you tell us otherwise you will end up with $40 trillion deficit, which tax loopholes will you close? >> kimberly: playing the role of mitt romney, eric bolling. >> eric: when you lower taxes and let people keep more of their money you bring growth back. >> bob: we have seen that work. >> kimberly: he won the debate. that easy. andrea what is your question? >> andrea: bill clinton spoke at the convention and he seemed to help barack obama. i am going to bring up bill clinton. president obama, when bill clinton left office he balanced the budget, cut social programs the unemployment number was low. urn your watch, the opposite happened. we have seen the budget been busted. so how are you like bill clinton? that is a tough question for him to answer. if it's me, i ask him, listen, i release my taxes. you have yet to release academic records, the white house records, see what he says. that would be tougher to answer. >> bob: for eight years we were all in a coma. curious. >> kimberly: bob is out of order. we're bring you back in "e" block. >> bob: clinton to obama. >> kimberly: guess wh
can you tell us otherwise you will end up with $40 trillion deficit, which tax loopholes will you close? >> kimberly: playing the role of mitt romney, eric bolling. >> eric: when you lower taxes and let people keep more of their money you bring growth back. >> bob: we have seen that work. >> kimberly: he won the debate. that easy. andrea what is your question? >> andrea: bill clinton spoke at the convention and he seemed to help barack obama. i am going to bring up...
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Sep 28, 2012
09/12
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five was the budget deficit. so no one's minimizing the importance of the deficit but there really is not a program that deals with the other four and they are using extreme measures and cutting up various entitlements and americans that want to deal with the deficit. >> i think what happened in 2010 and democrats in a way allowed this to happen is that the republicans succeeded in making the deficit a central issue and a stand in for people's economic worries across the board. >> right. >> i think now it's much clearer to people that these two things are related but they are quite separate and there are moments when balancing the budget or cutting spending on things like schools and public safety can actually make unemployment worse. i think something else important has happened, which is the health care law was very unpopular on election day back then. the health care law is gaining ground. and they were demobilized, the democrats last time. they are not demobilized this time. >> they were strutting around, the
five was the budget deficit. so no one's minimizing the importance of the deficit but there really is not a program that deals with the other four and they are using extreme measures and cutting up various entitlements and americans that want to deal with the deficit. >> i think what happened in 2010 and democrats in a way allowed this to happen is that the republicans succeeded in making the deficit a central issue and a stand in for people's economic worries across the board. >>...
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Sep 25, 2012
09/12
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the 2 trillion spending cut for the president is not cutting the deficit it's lowering the rate of deficit and whatever cuts they are, take place down the road. and i digress, the president doesn't mention obamacare. that simply isn't part of his campaign and yet, that's the major achievement, i thought, of his first term. why is he running away from that as well the debt? >> i don't think he's running away from either. the president's speech at the convention, today as a result of his policies. people can't be kicked off because of pre-existing conditions, there are no lifetime-- there are kids treated for cancer today because of his policy that would have-- because of his policies that would have been denied coverage just a year ago. so the reality is he's talked about the impact that the health care policy had and tremendously positive. in fact for a lot of americans. those who have to repeal it have to figure out what to say to the parents who are getting the treatment that wouldn't otherwise. stuart: and nancy pelosi, speaker pelosi says, everybody knows it, president obama is going t
the 2 trillion spending cut for the president is not cutting the deficit it's lowering the rate of deficit and whatever cuts they are, take place down the road. and i digress, the president doesn't mention obamacare. that simply isn't part of his campaign and yet, that's the major achievement, i thought, of his first term. why is he running away from that as well the debt? >> i don't think he's running away from either. the president's speech at the convention, today as a result of his...
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Oct 1, 2012
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he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war. that's a mistake. and so i think we need to cut trillions of dollars in order to get our budget balanced. and you could start with cutting two or three or 4% almost across the board some of the things that other governors have done, by i think you target it in those areas where the spending has not produced tangible results in the quality of life for the people. i can just tell you, andrea, i did it in virginia, governors like christie and scott and kasic and walker have done it in all of their states, mitt romney did it when he was governor of massachusetts, $3.5 billion defic
he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war....
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Sep 25, 2012
09/12
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higher deficits can do more damage. you know, the fact is, right now, i would recommend president obama use it in the debate. it is one of the reasons why we have the deficits. that is what they are doing. and so there is not corporate revenue being taxable revenue. the president's plan has been a little bit of moving pieces. they cut the rate to 28%. the president's position is that we should start from the position. we have the lowest corporate revenue to gdp that you could imagine with the highest rate. it is a five alarm fire at the way to address that is to increase taxes. >> i wanted to have a follow-up. i heard the interview last night, playing upper income and middle and come. -- income. they would not see their taxes changed overall. he talked about loopholes but did not go into specifics. help us understand what the dividing line is between middle income and upper income in his mind. >> i am not a psychic, it is not a conversation i have had. it is definitely where you draw the line between upper and middle in
higher deficits can do more damage. you know, the fact is, right now, i would recommend president obama use it in the debate. it is one of the reasons why we have the deficits. that is what they are doing. and so there is not corporate revenue being taxable revenue. the president's plan has been a little bit of moving pieces. they cut the rate to 28%. the president's position is that we should start from the position. we have the lowest corporate revenue to gdp that you could imagine with the...
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Sep 25, 2012
09/12
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on the deficit you can the one issue, by the way, romney is going to win, 73-6, worse, that is unbelievable, way off the charts. romney eeks out a gain here or a win within the poll's margin of error of 3 1/2%. one more thing i want to show you this is foreign policy in the news, the u.n. meeting in the news this week, america's standing on the world, 16% of americans worse off than four years ago, 44% think obama would be better for that issue in the next four years. why is this? let's take a quick look here. slightly better economic numbers? no our economic numbers show people think thing are about as lousy as they have been s it perhaps, next item, somewhat better stock market? not really. people don't think the stock market is that great. three reasons come up from our pollsters why this may be true. changes in racial support, personal appeal and tax issues. let me go through these real quickly. look at what happened in support from different racial groups here from our june survey to our september survey. latinos, bumped up by 15 points right there. african-americans bumped up by 23. 9
on the deficit you can the one issue, by the way, romney is going to win, 73-6, worse, that is unbelievable, way off the charts. romney eeks out a gain here or a win within the poll's margin of error of 3 1/2%. one more thing i want to show you this is foreign policy in the news, the u.n. meeting in the news this week, america's standing on the world, 16% of americans worse off than four years ago, 44% think obama would be better for that issue in the next four years. why is this? let's take a...
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Sep 30, 2012
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for instance, has numbers that are well known, and germany, it is really getting close to a neutral deficit situation. but they still have a fairly heavy debt burden on their shoulders. first, it is difficult to the country specific within the european union, even more so with than the eurozone. second, they are growth conducive -- there are growth conducive policies to put in place. in the short term there are budgetary allocations can be used to simulate the job market and give people training, making sure that this still fits what was described by others before me. that is one example. the second example, which has more to do with medium-term and long-term is the series of reforms within place in many of the euro area member states. stronger competition authorities for those professions in other places as well. that is what i mean by growth- friendly measures. short-term for some, no medium terms in results, consequences, or affects. >> a big extension of that, what is your sense of how long it will take those stressful measures of the type the mentioned to pay off? especially in terms o
for instance, has numbers that are well known, and germany, it is really getting close to a neutral deficit situation. but they still have a fairly heavy debt burden on their shoulders. first, it is difficult to the country specific within the european union, even more so with than the eurozone. second, they are growth conducive -- there are growth conducive policies to put in place. in the short term there are budgetary allocations can be used to simulate the job market and give people...
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Sep 30, 2012
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it all adds to the deficit. they have got to go out there this is all on the surface of tax cuts for the super wealthy. where i come from, we have one of the highest per-capita incomes in the nation. what i found out is wealthy people are just as patriotic as poor folks. they are just as decent and just as good. they are not asking for these tax cuts. that me give you an example. by extending the bush tax cuts for the wealthy, $500 billion goes to 120,000 families. $500 billion. a half a trillion dollars. how can that the right? -- how can that be right? the average income of those folks is $8.4 million the year. -- per year. they do not need a tax cut. that what? -- guess what? middle-class families need a a hand up. they need a bit of help. [cheers and applause] a voted against extending the middle class tax cuts permanently. the voted against it. why? because they were holding it hostage to make sure they could continue the tax cuts i just mentioned. it almost sounds unbelievable. on top of the, how romney ha
it all adds to the deficit. they have got to go out there this is all on the surface of tax cuts for the super wealthy. where i come from, we have one of the highest per-capita incomes in the nation. what i found out is wealthy people are just as patriotic as poor folks. they are just as decent and just as good. they are not asking for these tax cuts. that me give you an example. by extending the bush tax cuts for the wealthy, $500 billion goes to 120,000 families. $500 billion. a half a...
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Sep 26, 2012
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we take the deficit seriously. we need to bring the deficit down so that companies can grow. >> again, i think that the whole politics and envy is a sad chapter in politics and i would only suggest that i would bring to the table. the president obama and ann mclane kuster idea -- the individuals with incomes of more than $200,000 per year, bringing to the table. i'll consider it. show me where he will cut that? >> okay, thank you so much for that. we will have 30 seconds for this round. we begin with you. >> do you think any changes are needed to benefit new hampshire's business community? >> what i have heard about mostly from the business community in terms of integration are the high-end technical employees that they would like to be able to talk about going to new hampshire. as well as, on the art or cultural sector, another is an issue about bringing in part-time work on the road in hopkinton, and i know we need to bring people in. but in general, i have not heard any immigration issues in new hampshire. i thi
we take the deficit seriously. we need to bring the deficit down so that companies can grow. >> again, i think that the whole politics and envy is a sad chapter in politics and i would only suggest that i would bring to the table. the president obama and ann mclane kuster idea -- the individuals with incomes of more than $200,000 per year, bringing to the table. i'll consider it. show me where he will cut that? >> okay, thank you so much for that. we will have 30 seconds for this...
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Sep 25, 2012
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i believe we can lower the deficit and debt, but we will not do it, we should not do it, we cannot do it at the expense of the important programs for seniors. >> welcome, everybody. thank you for coming out today. i want to give a big thanks to the missouri press association and giving me a chance to introduce myself to the misery and people. like many of you, i am tired of the constant fighting of republicans and democrats. beating the other team has become more informed than finding solutions to american's problems. america is on the verge of a financial collapse, and both parties are to blame with the reckless borrow, taxes and spend parties. for as long as i can remember, and most of you as well, republican and democrat politicians have offered up solutions, but america's problems have only gotten worse. higher and higher taxes. more intrusions in your business and personal life. enough is enough. i will stand up for your personal freedom. i will stand up for marriage equality, legalization of marijuana. i am fiscally responsible. i want the government to be a good steward of your
i believe we can lower the deficit and debt, but we will not do it, we should not do it, we cannot do it at the expense of the important programs for seniors. >> welcome, everybody. thank you for coming out today. i want to give a big thanks to the missouri press association and giving me a chance to introduce myself to the misery and people. like many of you, i am tired of the constant fighting of republicans and democrats. beating the other team has become more informed than finding...
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Oct 3, 2012
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>>reporter: president obama said he would cut the deficit in half this four years. that has not happened. he is vulnerable on a lot of the key issues. that will be a big part of this face off tonight. >>shepard: thank you, ed henry. as governor romney finishes the debate preparations in the city they are hitting his opponent over the comments from vice president biden. the romney camp calling the remarks about the middle class a stunning admission much he is a spokesman early here on fox news. >> we cannot afford four more years like the last four years we have seen under this president. his own vice president said the middle class has been buried under his policies. what we need is governor romney could come in and deliver a real recovery for the american people. >>shepard: romney campaign trying to capitalize on the remarks about the struggling of the middle class, a theme to be repeated, likely, over and over tonight. now, carl cameron live at the debate spin room. how will the governor romney hammer those comments of the vice president? >>carl: depends how the d
>>reporter: president obama said he would cut the deficit in half this four years. that has not happened. he is vulnerable on a lot of the key issues. that will be a big part of this face off tonight. >>shepard: thank you, ed henry. as governor romney finishes the debate preparations in the city they are hitting his opponent over the comments from vice president biden. the romney camp calling the remarks about the middle class a stunning admission much he is a spokesman early here...
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Sep 30, 2012
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it was $200 billion deficit instead. and now we have a major question facing the american people as to whether we'll deal with this deficit and get it down for the sake of a healthy recovery. virtually every economic analysis that i've heard of, including the distinguished congressional budget office, which is respected by, i think, almost everyone, says that even with historically high levels of economic growth, we will suffer a $263 billion deficit. in other words, it doesn't converge as the president suggests. it gets larger even with growth. what that means is that we will continue to have devastating problems with foreign trade. this is the worst trade year in american history by far. our rural and farm friends will have continued devastation. real interest rates -- the real cost of interest -- will remain very, very high, and many economists are predicting that we're moving into a period of very slow growth because the economy is tapering off and may be a recession. i get it down to a level below 2% of gross nation
it was $200 billion deficit instead. and now we have a major question facing the american people as to whether we'll deal with this deficit and get it down for the sake of a healthy recovery. virtually every economic analysis that i've heard of, including the distinguished congressional budget office, which is respected by, i think, almost everyone, says that even with historically high levels of economic growth, we will suffer a $263 billion deficit. in other words, it doesn't converge as the...
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Oct 1, 2012
10/12
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mitt romney doesn't have a deficit plan. he has a plan to cut taxes for millionaires and billionaires. one thing that will be interesting wednesday if he'll finally explain how his math adds up. he has a $5 trillion tax cut, on top of a $5 trillion to extend the bush cuts, and another $2 trillion in defense spending that our leaders say they don't need. $8 trillion. he says he's not going to add to the deficit. if he's not going to add to the deficit, the middle class better watch out because they'll pay the burden if he is elected because the hole is just too big. and it will be interesting on wednesday. if he says he's not going to burden the middle class, then he's going to blow a hole in the deficit. >> will we see president obama here on "meet the press" before election day? >> well, there's 37 days left, so we'll stay in contact about it. >> all right. we hope to see him here. mr. plouffe, thank you. >> thank you, david. >>> coming up, what are the stakes for both campaigns? the roundtable will get into it. founder of
mitt romney doesn't have a deficit plan. he has a plan to cut taxes for millionaires and billionaires. one thing that will be interesting wednesday if he'll finally explain how his math adds up. he has a $5 trillion tax cut, on top of a $5 trillion to extend the bush cuts, and another $2 trillion in defense spending that our leaders say they don't need. $8 trillion. he says he's not going to add to the deficit. if he's not going to add to the deficit, the middle class better watch out because...